Labor migrants sent $15B to Ukraine last year.

Tuesday, February 8, 2022
Labor migrants sent $15B to Ukraine last year.

In 2021, migrant workers transferred a record $15B to Ukraine, the largest amount ever announced by the National Bank of Ukraine. Thus, remittances rose by $3 billion, or 25.4% for the year. Net labor payments (i.e., payments excluding expenses of migrants in the host country) totaled $10.5B. Private transfers were $4.5 billion, of which $2 billion were remittances from workers working abroad for more than a year, reported epravda.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
Ukraine International Airlines passenger traffic increased by 61%.

Ukraine International Airlines passenger traffic increased by 61%.

Next post
The Zhytomyr runway will be finished by the end of 2022.

The Zhytomyr runway will be finished by the end of 2022.

Previous Main Topics